What the cost per metre of fencing

Assignment Help Accounting Basics
Reference no: EM132933622

Question - Maxim Fencing constructs paling fences. During last month, the fencing division erected 4,000 metres of fencing. The costs incurred by the division were as follows:

Palings $4,000

Posts $5,000

Nails (no usage records) $500

Cement (no usage records) $500

Wear and tear on equip. $1,000

Refer to the table above. What the cost per metre of fencing?

a) $2.75.

b) $2.25.

c) $2.38.

d) $2.50.

Reference no: EM132933622

Questions Cloud

Produce the entry to record the employer contributions : The Soup Company had made the following entry to record the payroll: CPP Payable 770.00. Produce the entry to record the employer contributions
Understand the current coronavirus pandemic : How the Spanish Flu of 1918 can help us better understand the current Coronavirus Pandemic?
What are main types of vegetation : In desert biomes What are main types of vegetation (primary productivity), what eats that vegetation (primary consumers), and what eats those herbivores (second
Explain the shape of the average fixed cost curve : Explain the shape of the average fixed cost curve (AFC) and how the AFC contributes to the relationship between the average total cost curve
What the cost per metre of fencing : Maxim Fencing constructs paling fences. During last month, the fencing division erected 4,000 metres of fencing. What the cost per metre of fencing
Explain trials of increased physical activity : Does the recovery time differ in time trials of increased physical activity? Example 3 trials, first being walking, second being jogging and third being running
What is the mechanism of action of macrolides : Which class of antibiotics exerts its affect by inhibition of synthesis of peptidoglycan layer of the bacterial cell wall?
How much of life expectancy is accounted by genetic factors : What are some explanations for the gender difference in the longevity of women and men? Based on what you've learned about gendered aging, do you envision a tim
Prepare the journal entries : Prepare the journal entries for the following transactions for Dundar Mifflin: Steve & Company total earnings for the period are $84,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  Statement regarding capital projects funds

Which of the following is true regarding capital projects funds?

  Journalize the required entries for the preceeding

acme in pruchased 50000 shares of takedown enterprises on january 12000. the total purchase price was 4300000.

  What are your thoughts on making adjusting journal entries

what are the four different adjusting journal entries? what accounting assumptions necessitate the use of adjusting

  Prepare income statement and statement of financial position

Provide for depreciation of plant and machinery at 10% and fixtures and fittings at 15% p.a. Prepare an income statement and statement of financial position

  How does Ben age affect his decision to get an MBA

Both schools offer a health insurance plan that will cost $2,500 per year, How does Ben's age affect his decision to get an MBA

  Interest annually

AB builders inc has 12-year bonds outstanding with a face value of $1,000 and a market price of $974. The bonds pay interest annually and have a yield to maturity of 4.03 percent. What is the coupon rate?1. 3.75.2. 4.20 percent.3. 4.25. 4. 7.50 perce..

  Financial statements are prepared monthly

During December 2013, Expert Publications sells 4,000 copies of the golf magazine at newsstands and receives payment for 6,000 subscriptions for 2014. Financial statements are prepared monthly?

  What were the strengths and weaknesses of trinity practice

What were the strengths and weaknesses of Trinity's practice-based bottom-up approach? Compare and contrast electronic data processing

  What is the total amount of interest that was paid

The mortgage has a quoted (or nominal) interest rate of 10%; To the closest dollar, what is the total amount of interest that was paid during the first year

  What was the total cost per equivalent unit

Using the weighted-average method, what was the total cost per equivalent unit?Crystal Company adds materials at the beginning of the process

  Compute the preparer penalty the irs could assess

Question - Compute the preparer penalty the IRS could assess on Gerry in each of the following independent cases

  Evaluate the weighted-average number of shares

Determine the weighted-average number of shares that Pearl Corporation would use in calculating earnings per share for the fiscal year ended

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd